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ETFs

Freedom 100 Emerging Markets ETF

FRDM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 23, 2019
Expense Ratio
0.49%
Type
Global Ex. US Equities
Fund Owner
Alpha Architect
Volume (1m avg. daily)
$2,591,359
AUM
$623,441,500
Associated Index
Freedom 100 Emerging Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

005930
Samsung Electronics
8.40%
TSM
Taiwan Semiconductor Manufacturing - ADR
7.64%
PEO
BANK PEKAO SA
4.25%
DNP
DINO POLSKA SA
3.47%
CHILE
Banco de Chile
3.38%
2317
Hon Hai Precision Industry
3.30%
SQM
Sociedad Quimica Y Minera de Chile S.A. - ADR
3.20%
2454
Media Tek Inc
3.09%
LPP
LPP SA
3.04%
BBCA
Bank Central Asia Tbk PT
2.79%
Invest with FRDM

What is FRDM?

The Freedom 100 Emerging Markets ETF (the Fund ) seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index. The Index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. Thereafter, country inclusion and weights are determined based on quantified data covering 79 personal and economic freedom factors. Factors are categorized into three main types of freedoms: the rights to life (such as absence of terrorism, human trafficking, torture, and political detentions), liberty (such as rule of law, due process, freedom of the press, freedom of religion, freedom of assembly), and property (such as marginal tax rates, access to international trade, business regulations, established monetary and fiscal institutions, and size of government).

ETFs related toFRDM

ETFs correlated to FRDM include EMXC, XCEM, DFAX

FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFRDM

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FRDM using Composer

FAQ

FRDM is a Global Ex. US Equities ETF. The Freedom 100 Emerging Markets ETF (the Fund ) seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index. The Index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. Thereafter, country inclusion and weights are determined based on quantified data covering 79 personal and economic freedom factors. Factors are categorized into three main types of freedoms: the rights to life (such as absence of terrorism, human trafficking, torture, and political detentions), liberty (such as rule of law, due process, freedom of the press, freedom of religion, freedom of assembly), and property (such as marginal tax rates, access to international trade, business regulations, established monetary and fiscal institutions, and size of government).

FRDM tracks the Freedom 100 Emerging Markets Index.

No, FRDM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FRDM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FRDM is -0.0443%. This is the percent change in the value of FRDM over the most recent 1-month period. The 3-month return on FRDM is -0.0738%. This is the percent change in the value of FRDM over the most recent 3-month period.

The standard deviation of FRDM for the past year is 0.1892%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FRDM include PBW, IGF, and ARKK.

ETFs correlated to FRDM include EMXC, XCEM, and DFAX.

ETFs that are inversely correlated to FRDM include EDZ, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.